Thursday, June 08, 2017 10:34:30 PM
Chart looks like it wants to dip into .005 to .0065 range. I'd love to add some additional shares there...we'll see.
Curious how this agreement will potentially affect the the short term share price...looks like it expires at the end of 2017:
Company on June 15, 2012 entered into a Stock Purchase Agreement with Wilshire Capital Ltd. (“Wilshire”)
whereby Wilshire has agreed to purchase for an aggregate subscription price of $300,000 a certain number of shares of
common stock of the Company. The Shares shall be purchased in installments of not less than $10,000 (“Installments”)
of Wilshire’s sole choosing at any time during a ninety (90) day period commencing on the date hereof and originally
terminating on December 31, 2012 (“Conversion Period”). The price for the Shares, at each installment purchase and
conversion, shall be equal to an amount of Shares calculated at a rate equal to 75% of the OTC market price of the
Company’s Common Stock based on a 10 day trailing average of the lowest bid for the Company Common Stock
(“Conversion Rate”) at the date of notice of purchase and conversion and the payment of the portion of the Subscription
Price to Company.
The parties mutually agreed to extend the Agreement until December 31, 2017.
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